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Smith & Wesson Holding Corporation Message Board

  • sarcastic_investor sarcastic_investor Jan 10, 2013 7:32 AM Flag

    I'm guessing over 30 cents a share earnings this QTR

    Even with the extra costs associated with new product launches and attending sales conventions, they should have incredible revenue and earnings this QTR. Analysts estimates of 21 cents are a joke, considering SWHC is buying back $35 million in stock and sales are going gangbusters. Just google "gun sales" to see how stock is flying off the shelves. Even though their manufacturing capacity has increased, I expect backlog orders to increase substantially. Hopefully, they will pay down their remaining debt and start a dividend like RGR. 2013 is looking to be a great year for gun manufacturers.

    Sentiment: Strong Buy

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    • It could go either way. If imports are banned and we have limited legislation or regulation of the US firearms industry you will see profit increase even more because of the additional demand for guns manufactured in the US. However if we get regulation or legislation that reclassifies sporting rifles manufactured in the US we could get the carpet pulled out from under our feet. There are too many unknowns for me to make any guesses beyond the first qtr.

    • I say earnings will be closer to 50 cents than to 21 cents. The gun store shelves are empty. Guns sales are going through the roof.

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